Masterclass attendees will learn to understand, measure, and communicate their social impact using the latest versions of HACT’s UK Social Value Bank and associated tools and resources.
HACT’s Social Value Bank has become the standard approach to social impact measurement in the housing sector. HACT’s ongoing work to develop and expand the SVB has maintained its position as a thought-leader in this area.
The Masterclass will include:
- Background to the theory behind social impact measurement, introduction to valuation, and an explanation of the wellbeing valuation approach.
- Getting to know the UK Social Value Bank – the most robust set of methodologically consistent social values available. We will include all the values that have been added to the Social Value Bank since its launch, including moving into employment, financial comfort, living in a good neighbourhood, rectification of problems with the physical environment, and the latest addition – the value of mental health improvements.
- A full practical demonstration on how to apply these values using the latest version of the Value Calculator to measure the social impact of your work in a proportionate way to ensure reliable results, enabling benefits to be compared with costs.
- How to communicate your results, use results to inform decisions and to maximise your social impact
- Examples of how other organisations have used the Social Value Bank to understand results, inform decision making, and improve their work.
This masterclass will benefit anyone seeking a robust and proportionate way to measure and attach a value to the social impact of their work in communities. Attendees working outside of the housing sector are more than welcome. No prior knowledge is required to attend.
- The SVB uses the wellbeing valuation approach, which features as part of HM Treasury Green Book guidance and sits at the heart of policy evaluation approaches within the UK Government. · The SVB is mentioned in Lord Young’s Review of the Social Value Act · The SVB is included as a resource in Cabinet Office Guidance
- The SVB has been downloaded over 12,000 times and more than 400 organisations have attended training and are using the model in their business decisions.
Price: £250 + fees per ticket
Tea and coffee will be provided.
£250 + eventbrite fees